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A26
business
Guardian www.guardian.co.tt Thursday, October 3, 2013
VACANCY
IT SALES SUPPORT
The individual must be an energetic person who is self moti-
vated and committed to delivering the highest standard of cus-
tomer service.
The Individual:
o A+ Certification.
o Networking Certification.
o Experience in Office Equipment sales.(Not mandatory)
o Technical & Practical knowledge in IT.
o Possession of a reliable working vehicle and a valid T&T
drivers permit.
o Excellent communication and interpersonal skills.
o Strong negotiating skills.
Send resumes to: Human Resource Manager
96 Woodford Street, Newtown
Port-of-Spain
Via: E-mail: info@bei.tt
Deadline for applications: 11th October, 2013
o Tel:628-8228 o Fax:622-4811 o Website: www.bei.tt 1001042
St Claire
Ask St Claire for three
favours, one financial, two
impossible. Say 9 Hail
Marys for nine days with a
lighted candle. Pray whether
you believe or not. Publish
on the 9th day. May the
Sacred Heart of Jesus be
praised, adored, glorified
and loved today and every-
day throughout the world
forever and ever, Amen.
Your request will be granted
no matter how impossible it
may seem. Thank you.
J.S
1003098
General Appliance
Parts and Service
OF 127C COFFEE STREET, SAN FERNANDO
will be
RELOCATED
from 8th October, 2013
To
#6A, South Truck Road,
La Romain,
Ph. 653 7877
Ph/Fax 652 8218
Email gapsparts@hotmail.com
1001105
Previe on
the Hill
Gulf View
Medical
Gulf
City Mall
Achievors
on the Hill
South Trunk Road
General Appliance
Big Orange
Building
LONDON---Financial markets
grew increasingly downbeat yes-
terday as investors fretted over
the partial shutdown of the US
government. Even Italy s stock
market gave up ground despite
widespread relief over the Italian
government s victory in a confi-
dence vote.
The political upheavals in Wash-
ington DC and Rome have been
the main focus in the financial
markets this week. While the grid-
lock in the US capital was showing
few signs of resolution on the sec-
ond day of the partial shutdown,
the developments in Italy pointed
to a crisis averted.
"Investors are having a little
rethink over the implications and
longevity of the US government
shutdown," said Andrew Wilkin-
son, chief economic strategist at
Miller Tabak & Co.
In Europe, the FTSE 100 index
of leading shares was down 0.6
per cent at 6.419 while Germany s
DAX fell 1.1 per cent to 8,596. The
CAC-40 in France was 1.3 per cent
lower at 4,144.
In the US, the Dow Jones indus-
trial average was down 0.8 per
cent at 15,066 while the broader
S&P 500 index fell 0.7 per cent at
1,683. One market that bucked the
trend for most of the day was
Italy s FTSE MIB, which briefly hit
a two-year high.
The gains came after Silvio
Berlusconi threw his support
behind the government of Premier
Enrico Letta in a confidence vote,
acknowledging defeat on the Sen-
ate floor after defections in his
party robbed him of the backing
he needed to bring down the gov-
ernment.
Investors breathed a sigh of relief
knowing that Italy averted a new
election and the government can
go ahead with its economic reform
programme. Milan s FTSE MIB
was up 0.2 per cent at 18,028. Ear-
lier, it had traded at a two-year
high of 18,340, before mounting
concerns over the US budget grid-
lock dented sentiment.
Although most analysts said they
expect the US budget stalemate to
be resolved before the shutdown
inflicts damage on the US econ-
omy, the latest stalemate has raised
concerns over whether Congress
will be able to increase the coun-
try s debt ceiling later this month.
If it doesn t, the US would face a
potential default, a development
that could inflict massive damage
on the global economy.
"The probability that the gov-
ernment goes right up to the wire
on the debt ceiling, thus causing
some destabilisation in equity mar-
kets, is higher than we previously
thought," said Dan Greenhaus, chief
global strategist at BTIG. "We had
said we were starting to get nerv-
ous. If this continues, nervousness
will have to give way to fright."
The dollar was also under pres-
sure from the budget deadlock.
It was further hampered against
the euro by a suggestion from
European Central Bank President
Mario Draghi that the bank is will-
ing to use "all available instru-
ments" to keep market interest
rates from rising and hurting a
fledgling recovery. The euro was
up 0.5 per cent at US$1.3585 and
not far off its year high of
US$1.3638. The dollar was 0.8 per
cent lower at 97.21 yen.
Earlier in Asia, markets were
solid following the previous day s
relatively strong showing in US
markets. Hong Kong s Hang Seng
rose 0.6 per cent to 22,984.48
while South Korea s Kospi rose
marginally to 1,999.47. Markets in
mainland China were closed for a
public holiday.
However, Japan s Nikkei 225
index plummeted 2.2 per cent to
close at 14,170.49 after the gov-
ernment announced Tuesday it
would go ahead with a sales tax
increase in April. (AP)
US budget deadlock
spooks investors
Chairman, CEO and President Anthony Malkin, foreground left, of Empire
State Realty Trust, and Chairman Emeritus Peter Malkin, background left,
applaud as their company's stock begins trading during its IPO on the floor
of the New York Stock Exchange, yesterday. Empire State Realty Trust Inc,
the real estate investment trust behind the Empire State Building, also
manages other office buildings in the New York City area. AP PHOTO
EMPIRE TRADING
TORONTO---Private equity firm Cer-
berus is interested in taking a look at
BlackBerry s books as a prelude to a
possible bid for the troubled smart-
phone company.
Cerberus is looking to sign a con-
fidentiality agreement with BlackBerry
that would allow it to access the com-
pany s private information, an official
familiar with the situation said yesterday
on condition of anonymity. The official
spoke on condition of anonymity
because the person was not authorised
to discuss the private talks.
BlackBerry announced last month
that Fairfax Financial Holdings Ltd
signed a letter of intent that "contem-
plates" buying BlackBerry for US$9 a
share, or US$4.7 billion.
Fairfax, BlackBerry s largest share-
holder, is trying to attract other
investors. BlackBerry is allowed to look
for other buyers while Fairfax conducts
six weeks of due diligence. (AP)
Cerberus interested in BlackBerry